BPCL, Technical Outlook
The price is strongly rejected by the LTMA band.
Also the formation of an Inverted Hammer Candle in the negative zone indicates a down move.
The price could test the levels of 565 and if broken then 535.
Disclaimer : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
Also the formation of an Inverted Hammer Candle in the negative zone indicates a down move.
The price could test the levels of 565 and if broken then 535.
Disclaimer : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
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